Financial Managers in Mississippi
May 2025 wages · tax year 2026
You keep
$82,829
after federal, FICA and Mississippi tax
Tax takes
$28,561
25.6% of the whole
Worth, in national money
$94,888
Mississippi costs less than average
On that salary you would be around the 25th percentile for this work in Mississippi — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$111,390
Kept after tax
$82,829
Worth in national money
$94,888
State rank
51
of 51 states
What this pays, and what it is worth
- Mississippi is among the lower-paying states for financial managers. The middle earner takes $111,390, ranking 51 of 51 states — about 33.13% below the national middle. Costs here are often lower too, which the figures further down account for.
- Within Mississippi this is well-paid work. Of 486 occupations with published figures in the state, financial managers ranks 17 — in the top quarter of everything people do there.
- Cheaper living works in this state's favor. From $111,390 you keep $82,829 after tax, and local prices stretch that to the equivalent of $94,888 at national prices. Averages run higher here, $128,380, since top earners drag the number up.
- Mississippi ranks 51 of 51 for financial managers, with a median of $111,390 — about 33.13% below the national figure. A nominal shortfall is not by itself a real one: lower-paying states frequently carry lower tax and lower price levels, and the adjusted figures below are where that is settled rather than assumed.
- Ranked against every occupation Mississippi publishes a median for, financial managers sits 17 of 486 — the upper quartile of the state's wage distribution. National standing and within-state standing are separate questions, and a job can occupy very different positions on each.
- Retained pay in Mississippi is $82,829 after the full tax stack, from $111,390. Because the state's price level runs below the national average, the price-adjusted equivalent is $94,888 — a real-terms figure describing purchasing power rather than compensation, and not a number that appears on any pay stub. Mean pay of $128,380 exceeds the median, so the upper tail is doing the work.
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Pay band: Financial Managers
The state median for this job
| Lowest tenth earn under | $58,250 |
|---|---|
| Half earn under | $111,390 |
| Top tenth earn over | $210,520 |
| This salary | $111,390 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Mississippi | $82,829 |
|---|---|
| Take-home in Texas | $87,193 |
| Once local prices are leveledBEA price parity | −$5,160 |
The raise and the real gain point in opposite directions here.
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $105,187 |
|---|---|
| Raise you would need | +$7,127 |
| Prices in Texas | 97 vs 87 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Half the people doing this work in Mississippi earn less than $111,390. The published range is $58,250 up to $210,520, so an individual figure can sit a long way from the middle in either direction.
- In Mississippi the take-home figure of $82,829, from $111,390, assumes one filer, no dependants, and nothing paid into a pension before tax. Each of those lowers the bill, so treat it as the plain case. City and school-district income taxes are not included either, and in a few states those are real money. It ranks 17 of 486 occupations here.
- Two cautions on $94,888, the adjusted value of that $111,390 median. It levels out prices with a single number for all of Mississippi. No actual address matches that. The wage figures and price figures are also from different years. Each is published on its own timetable. This work sits at 17 of 486 locally.
- Reported values are medians; for financial managers in Mississippi the tenth-to-ninetieth percentile band is $58,250 to $210,520. Neither the median nor the band is an offer rate, and neither accounts for hours, shift differentials or overtime.
- Take-home for Mississippi is computed for a single filer taking the standard deduction with no dependants and no pre-tax contributions, giving $82,829 from $111,390. Each omitted item reduces taxable income, so the figure is a lower bound on retained pay for this household shape. Municipal and school-district income taxes are excluded, which understates the burden materially in Ohio, Pennsylvania and Maryland. The occupation ranks 17 of 486 locally.
- This $94,888 adjusted figure, worked from $111,390, rests on a state-level price parity averaging over within-state dispersion larger than much of the between-state dispersion. Wage and price vintages differ by publication schedule. The result is directionally sound and not address-specific, for work at 17 of 486 in the state. The occupation ranks 17 of 486 locally.
Questions people ask
Is this the average pay for the job?
No — it is the middle. Half of these workers earn more and half earn less. The average is $128,380, pulled upward by the top of the range, which is why the middle is the fairer number to plan against.
Why is the pay range for this job so wide?
Because one job title covers very different work. The bottom tenth here earn $58,250 and the top tenth $210,520 — experience, employer and specialism separate them, and a single figure hides all three.
What does this pay actually buy where I live?
A smaller wage in a cheaper place is not automatically less. Adjusted for local prices, this is worth $94,888.
Where does the difference between the wage and my paycheck go?
Into four separate taxes, not one. Federal income tax, Social Security and Medicare apply everywhere, and Mississippi adds its own income tax on top — which is why $82,829 of this wage survives to your account.
Can I compare this job across every state?
This occupation is published everywhere — all 51 of them — so comparing states measures real differences rather than gaps in the data.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Mississippi is $128,380. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($58,250) and the ninetieth ($210,520) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Mississippi's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $94,888 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $82,829 reflects federal income tax, OASDI, Medicare and Mississippi income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.